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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Apr 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro remains bullishly aligned in the near-term, after hourly higher base was formed at 1.1300 support zone, which contained yesterday’s easing from fresh recovery high at 1.1337. Daily 20SMA reinforces 1.1337 barrier, which is under strong pressure and sustained break here is needed to expose key 1.1400 resistance zone.[​IMG]

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